Director of Student Finance
COMPASS ROSE FOUNDATION INC
Director Of Student Finance
We are Jones Technical Institute (J-Tech), a non-profit and post-secondary trade school located in Jacksonville, Florida. The institute is governed by Compass Rose Foundation, an eighty-four (84) year-old non-profit organization charged with the mission of governing trade and technical schools.
We are actively searching for a Director of Student Finance and are pleased to provide the following job description. The successful candidate will possess some experience in the areas of collections, financial planning, financial aid awarding & disbursing and managing & developing a high-performing team of people.
A competitive salary and benefits program will be offered commensurate with the chosen candidate's expertise and experience. Should the successful candidate not hail from northeast Florida, a relocation package will be included in the offer of employment.
Job Summary
The successful candidate will implement and maintain a system-wide program to foster a culture of compliance and integrity through the institution. This position serves as a role model for ethical behavior and promotes education and awareness on the importance of timeliness and accurate collection of cash payments from students & their buying committee, internal scholarship/endowment disbursement, workforce/WOIA, vocational rehabilitation, Florida prepaid, federal financial aid, veteran's benefits, and institutional scholarship reconciliation, and a variety of miscellaneous outside agencies.
Essential Duties and Responsibilities:
- Leading and managing a department of seven (7) full-time equivalents that are collaborative and high performing.
- Continuously identify, interview and recruit prospective talent to minimize impact from resigning and terminated employees.
- Responsible for the implementation and maintenance of a collections report to provide direct oversight of all students each term. The collections report should be created by the 5th week of the prior term.
- Update student finance manual as changes occur.
- Train, develop and improve student finance team members through consistent evaluation, confrontation of negative behavior and recognition of positive accomplishments.
- Provide accurate cash flow and collections projections with timelines to the executive management and accounting team.
- Monitor and assess financial aid servicer, student information system, repayment & default management and bookstore point of sale vendors.
- Publish an accurate revenue recognition report by the first business day of the month.
- Responsible for the student finance representatives timely and accurate processing of federal financial aid ensuring that 95% of all title IV funds are collected no more than 30 days after the first day of classes.
- Oversee, monitor and maximize the transition of prospective students by establishing a culture of maximum conversation rates via a welcoming and holistic environment.
- Coordinate and monitor periodic internal audits and act as liaison to external auditing team.
Qualification and Education:
- Associate degree
- Experience with state and federal financial aid.
- Detail oriented
- Strong organization skills
- Must be able to show initiative and work well independently and in a team setting
- Ability to manage time to meet deadlines
- Strong computer skills are needed. Proficiency with Microsoft Office Excel and Word are essential.
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